Today everything will be decided for the short term depending on where price will close the week. Check under weekly chart. Is also based in repeatedly cases from the very beginning.
If price closes above MA20 we are still in a bullish run that can take us to new ATH around 80k for the short-mid term.
if price closes under MA20 it will try to find next support at MA50 that is around 35k-30k, but in this case drop can happen during next 24-48h.
This is my first analysis, feel free to give your opinion and if you liked thumb up.
Not a financial advise, be careful with your investments.
If price closes above MA20 we are still in a bullish run that can take us to new ATH around 80k for the short-mid term.
if price closes under MA20 it will try to find next support at MA50 that is around 35k-30k, but in this case drop can happen during next 24-48h.
This is my first analysis, feel free to give your opinion and if you liked thumb up.
Not a financial advise, be careful with your investments.